[tastroder]

I'm still waiting for somebody to come up with that bigger picture after 10 years, all we've gotten instead is a bunch of Ponzi schemes and marketing. It's a shame so many minds were and are wasted on a solution that's not solving a problem it didn't invent (or somebody just falsely attributes to it).

[dawhizkid]

Why don't you think there are serious problems with how central banks around the world control money? Inflation steals from everyday people to varying degrees around the world...look at Zimbabwe and Venezuela. We're all beholden to secret monetary policy decisions made a small handful of people, sometimes just one.

The bigger picture, in my mind, is that in the future you should be allowed to choose your citizenship, which may be something like a digital country, and decide for yourself what sort of government you want to live in. Cryptocurrency enables that future more so than anything else that currently exists.

[pintxo]

Interestingly money (or control thereof) is not named as one of the fundamental properties of a state [1]. So maybe having an independent currency won't help you much, as long as the state you currently live in holds the monopoly on legitimate use of force (for an example see [2]).

[1] https://en.wikipedia.org/wiki/State_(polity) The most commonly used definition is Max Weber's, which describes the state as a compulsory political organization with a centralized government that maintains a monopoly of the legitimate use of force within a certain territory. General categories of state institutions include administrative bureaucracies, legal systems, and military or religious organizations.

[2] https://en.wikipedia.org/wiki/Inner_German_border

[majewsky]

> is that in the future you should be allowed to choose your citizenship, which may be something like a digital country

I heard that wish uttered countless times. Has anyone ever explained how that's actually supposed to work? When nation states are not defined by control over some piece of land, who provides and regulates the infrastructure in a specific physical location? Stuff like policing, medical care, roads, power lines, plumbing, internet cables.

I guess people imagine that these services would just be provided by "some company", but then you're back to square one because that company is just going to become a nation state rather quickly: When you have infrastructure on the ground and no rule of law to back it up, you need to make your own laws and enforce them with your own militia, and boom, all the defining elements of a nation state.